Core Viewpoint - Ascot Resources Ltd. has announced a private placement offering of up to C$150 million in common shares, with additional options for raising up to C$25 million, aimed at funding the development of its Premier Gold Mine and Red Mountain project [2][3][8] Offering Details - The common shares will be sold at a price of C$0.60 per share, following a previously announced 50:1 share consolidation [4] - Ccori Apu S.A.C, a significant shareholder, will participate in the offering to maintain a 32% ownership stake [4] - Up to C$15 million of the offering may be sold as flow-through shares at a price of C$0.73 per share [5] Agent Compensation - The company will pay the agents a cash commission of 6.0% on the total proceeds raised, reduced to 2% for sales to significant shareholders [6] - Agents will also receive warrants to acquire shares equal to 6.0% of the shares sold, exercisable for 24 months from the closing date [7] Use of Proceeds - Net proceeds from the offering will be used for the development of the Premier Gold Mine and Red Mountain project, while proceeds from flow-through shares will be allocated to eligible Canadian development expenses [8] Closing Conditions - The closing of the offering is contingent upon receiving necessary stock exchange approvals and completing a previously announced rights offering and share consolidation [9] Securities Offering - The shares will be offered to accredited investors in Canada, U.S. investors under specific exemptions, and international investors in compliance with applicable laws [10] - The securities will be subject to a four-month hold period under Canadian securities law [11] Restructuring with Secured Creditors - The company is restructuring its agreements with secured creditors, including Nebari Gold Fund, with terms that include converting outstanding interest and principal to principal at closing and extending maturity to five years [15]

A股开盘，三大指数小幅低开，沪指低开0.14%报3908.46点，深证成指低开0.13%，创业板指低开 0.04%。盘面上，AI手机概念盘初活跃，黄金、有色金属板块低开。 ...

ROAD TOWN, British Virgin Islands, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (NASDAQ: AUGO and B3: AURA33) (“Aura” or the “Company”) is pleased to announce that Aura, through a wholly owned subsidiary, has completed the previously announced acquisition from AngloGold Ashanti plc (“AngloGold”) of all of the issued and outstanding securities of Mineração Serra Grande S.A. (“MSG”), owner of the Mineração Serra Grande gold mine located in Crixás, in the state of Goiás, Brazil (the “Transaction”). Rod ...

VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce the publication of the Company’s 2024 Environmental, Social and Governance (“ESG”) Disclosure Update Report, providing an overview of Liberty Gold’s performance across key sustainability metrics and initiatives for the period January 1 to December 31, 2024. The 2024 ESG Report reflects Liberty Gold’s continued commitment to transparency and respo ...

Core Insights - Torex Gold Resources Inc. reported promising drill results from the 2025 drilling program at Media Luna West, supporting the declaration of an inaugural Inferred Resource in March 2026 [1][2][15] Drilling Results - The drilling program defined a mineralized footprint of 400 x 300 meters, with high-grade results including 12.25 grams per tonne gold equivalent (gpt AuEq) over 11.0 meters in drill hole ML25-1088D and 17.79 gpt AuEq over 12.9 meters in ML25-1095D [2][14] - A total of 10,744 meters of drilling was conducted across 23 drill holes in 2025, with an additional drill hole from 2024, totaling 11,303 meters over 24 drill holes [7][16] Future Plans - Future drilling will focus on expanding the resource footprint towards the north and south, particularly towards the San Miguel fault, and upgrading resources from Inferred to Indicated category [2][15] - The company anticipates sharing results from other targets across the Media Luna Cluster and Atzcala in the coming months, showcasing the exploration potential at Morelos [4][5] Geological Insights - The exploration at Media Luna West is guided by a deeper understanding of structural controls, focusing on the intersection of north-south structural corridors with west-northwest-striking faults linked to the San Miguel fault [6][19] - The mineralization is characterized by a sequence that began with copper-rich mineralization, followed by gold-rich fluids that preferentially mineralized the fringes of breccias [13][22] Strategic Objectives - Torex aims to enhance and extend the production profile of the Morelos Complex by expanding resources and increasing reserves, with a target of sustaining production above 450,000 gold equivalent ounces well beyond 2030 [4][29] - The company is committed to responsible mining and seeks to optimize production and costs while pursuing disciplined growth and capital allocation [30][28]

Results emphasise Tunkillia grade potential in key features HIGHLIGHTS New assays support higher-grade model for Tunkillia S1 'Starter Pit' mineralisation; infill drilling targeting conversion to JORC (2012) 'Measured' category to underwrite financing 1 Tunkillia 'S1' pit modelled to produce $825m operating profit in first year of operations from average grade of 1.19 g/t Au - new broad, high-grade assays from this zone include: 2 Hole ID Interval Including: TKB0267 14m @ 2.78 g/t Au from 88 metres 3m @ 6.9 ...

Group 1 - The Nasdaq composite experienced a five-day winning streak following a sharp sell-off on November 20, surpassing its 21-day exponential moving average and 50-day line [1] - Several stocks on the Investor's Business Daily Leaderboard, including Alphabet (GOOGL), Globus Medical (GMED), and Kinross Gold (KGC), reached all-time highs during this period [1] Group 2 - Amazon announced the availability of its Trainium3 AI chip for AWS customers, leading to an increase in its stock price [2]

An IPO of Barrick North America might be coming, but it isn’t the last of the big decisions the board will have to make. Read more in the first edition of our Canada Daily newsletter https://t.co/B1Q3sgWMjF ...

Core Viewpoint - European Electric Metals Inc. is acquiring the Miminiska Gold Property in Ontario and will change its name to Canadian Goldfields Discovery Corp, with John Booth appointed as CEO [1][2][21]. Acquisition Details - The Company has entered into a Purchase Agreement with Storm Exploration Inc. to acquire mineral claims and licenses in the Miminiska-Fort Hope greenstone belt, covering 6,366.4 hectares [1][4]. - The total cash payments to Storm will amount to CAD$3,525,000, including a non-refundable deposit of CAD$200,000 and a closing cash payment of CAD$1,800,000 [25][28]. - The acquisition is subject to approval from the TSX Venture Exchange and customary conditions [30]. Property Overview - The Miminiska Gold Property consists of 278 unpatented mining claims, 43 mining patents, and 1 mining license, located approximately 350 km north of Thunder Bay [4]. - The property is situated within Eabametoong First Nation territory, with an updated Exploration Agreement in place to ensure community involvement [5]. Geological Insights - The property has significant gold mineralization associated with Algoma-type Banded Iron Formations, with notable historic drill intercepts including 20.84m at 5.75 g/t Au [7][11]. - Modern exploration has identified several targets that have not yet been drill tested, with potential similarities to Orla Mining Ltd.'s Musselwhite Mine [7][8]. Exploration Plans - Initial exploration will include step-out drilling at the Miminiska and Frond Lake prospects, with a focus on identifying structural breaks near strong magnetic anomalies [18][19]. - A Phase 1 drilling and exploration program is estimated to cost approximately CAD$1,900,000 [20]. Leadership Changes - John Booth has been appointed as CEO, bringing over 25 years of experience in international capital markets and natural resources [21][22]. - The previous CEO, Fred Tejada, will continue to contribute as a Director [24]. Financing Strategy - The Company plans to conduct a private placement financing of CAD$7,000,000 to support the acquisition and exploration activities [32][34]. - The financing will consist of common shares priced at CAD$0.20 per share, with additional flow-through shares at CAD$0.22 [32][33].

Core Insights - Dakota Gold Corp. reports significant high-grade gold mineralization at the Richmond Hill Oxide Heap Leach Gold Project, confirming the project's resource growth potential [1][3][6] - The company is actively drilling with plans to complete approximately 27,500 meters (~90,000 feet) during its 2025 drilling campaign [1][3] - The project is positioned for long-term value creation through ongoing drilling, feasibility studies, and permitting processes [3][10] Drilling and Assay Results - Recent metallurgical drill hole RH25C-236 intersected 8.17 grams per tonne gold over 11.3 meters, exceeding current block model grades [6] - Expansion drill hole RH25C-296 intersected 1.45 g/t Au over 18.3 meters, indicating mineralization remains open and is only limited by drilling [6][7] - The company has completed drilling and pump installation at all 28 water wells required for permitting, with sampling initiated in November [3][4] Project Development and Future Plans - Dakota Gold aims to advance the Richmond Hill project to commercial production by 2029, alongside outlining a high-grade underground resource at the Maitland Gold Project [10] - The project requires state and county permits, with a feasibility study and permit application targeted for early 2027 [3][4] - Core drilling is ongoing in the northeast project area, with additional assay results expected through the fourth quarter of 2025 and into 2026 [4][6]